Regular Contributor
Posts: 118
Registered: ‎08-13-2012
Re: Will credit card late payments keep me from getting a mortgage?

You can't have any late payments within the last 12 months to be approved for a mortgage. I think one is ok if you have a good explanation and it is an isolated occurrence. Paying down your credit cards will definitely improve your scores.

Starting scores 2/27/12 TU 605 EX 576 EQ 560
Current scores lender pull 9/6/12 TU 663 EX 629 EQ 645
Closed on our first home 10/26/2012!